(The Center Square) – The Office of the U.S. Trade Representative opened public comment Monday on the future of the U.S.-Mexico-Canada Agreement without asking what tariffs on Canadian and Mexican goods have cost American importers or consumers.
Tariffs now in place will cost the average U.S. household about $820 this year, according to Tax Foundation estimates. About 16% of that, roughly $130 per household, is attributable to tariffs on Canadian and Mexican goods, Alex Durante, a senior economist at the Tax Foundation, told The Center Square.
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